You're basically correct, it can be anywhere from about 6 to 18 months. Lots of variables determine that; if they're more experienced it can be as simple as getting them to a certain revenue number sufficient to replace me, or as complex as "we need to get the board comfortable with how we operate" which can take longer.
My stated goal from day 0 is "I'm here to replace myself" which applies a lot of the (good kind of) pressure to install systems or processes that are well-defined, repeatable, scalable, and then hand the whole package off to the new folks.
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You're basically correct, it can be anywhere from about 6 to 18 months. Lots of variables determine that; if they're more experienced it can be as simple as getting them to a certain revenue number sufficient to replace me, or as complex as "we need to get the board comfortable with how we operate" which can take longer.
My stated goal from day 0 is "I'm here to replace myself" which applies a lot of the (good kind of) pressure to install systems or processes that are well-defined, repeatable, scalable, and then hand the whole package off to the new folks.